Loto-Québec is reporting YoY revenue growth of more than 11% for the first quarter of the current fiscal year The crown corporation reports much of the growth is due to improved performance in its casino hall business Loto-Québec’s digital gaming platform is also on the upswing Loto-Québec is reporting an 11.1% hike in total revenues for the first quarter of fiscal year 2025-2026 (April 1 to June 30), compared to Q1 2024-2025. Loto-Québec reports a big increase in total revenue for Q1 FY 2025-26. (Image: Loto-Québec) Total revenues are reported at CA$766.5 million, a $76.8 million hike over the same period last year. Consolidated net income was CA$384.4 million, a $34.7 million (9.9%) increase year over year. We’re sustaining last year’s momentum and posting increased results after one quarter thanks to our teams’ steady commitment, efficiently managing several simultaneous initiatives,” said Loto-Québec President and CEO Jean-Francois Bergeron. Last year’s momentum was marked by total revenues of CA$2.993 billion, an increase from…Â Read More
Category: Canadian Gaming, Canadian gamingÂ
Source: Casino.org
